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GFI Securities gets a slap on the wrist for COMEX rule violation

Maria Nikolova 0 Comments January 6, 2026

International derivatives marketplace CME Group has posted a notice of summary action against GFI Securities Ltd.

On multiple occasions in October 2025, GFI Securities Ltd did not report block trades within the applicable reporting time requirement.

These block trades were executed in January 2026 North European Hot-Rolled Coil Steel (Argus) Average Price Options, November 2025 U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures, and March 2026 and April 2026 North European Hot-Rolled Coil Steel (Argus) Futures.

A fine in the amount of $5,000 was imposed on GFI Securities Ltd for its violation of COMEX Rule 526.F.

The effective date of the notice is January 5, 2026.

Maria Nikolova

Maria has been engaged in journalism for more than 17 years, providing Forex industry coverage for the past 10 years. Before joining FNG she was Managing Editor at FinanceFeeds. Prior to that, she worked at LeapRate. Maria has a Philosophy degree from the St. Kliment Ochridski university in Sofia. She has specialized in Cognitive Science in Vienna. Her interests include psychology, AI, and linguistics.